Tyumen offers to buy debt from bankrupt Sidanko
Article Abstract:
Tyumen Oil Co. has offered to acquire bankrupt AO Sidanko's assets for as much as $77 million (75.2 million euros). Tyumen offered to purchase Sidanko's debts to Western creditors. Sidanko is the fifth-largest oil concern in Russia. Tyumen's bid for Sidanko could complicate BP Amoco PLC's plans. BP purchased a 10% share in Sidanko in 1997. Tyumen could have greater influence in Sidanko's bankrupcty proceedings if its bid is accepted.
Comment:
Tyumen Oil offers to acquire bankrupt Sidanko's assets for $77 million (75.2 million euros)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1999
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Areva to buy UraMin for $2.5 billion
Article Abstract:
Canada uranium mining firm UraMin Inc. has been purchased by France's state-owned Areva S.A., a nuclear engineering company, for $2.5 bil, or $7.75 per share. Areva bought UraMin in order to double its existing production of 6,000 tons of uranium per year by 2011.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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